Never having been involved in an IPO before and having found only 3 of the last 100 IPO’s on the Nasdaq to be under $4, I emailed Stefano, his response was as follows:
For Nasdaq IPO’s, most companies consolidate shares in the ADRs and aim for prices at between $20 and $30 per ADR. We will likely do the same.
He also said the intention is to aggregate several REN shares for 1 ADR
Never having been involved in an IPO before and having found...
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Last
72.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.98M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2550 | 73.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.5¢ | 10456 | 2 |
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| Last trade - 11.10am 09/07/2024 (20 minute delay) ? |
| RLT (ASX) Chart |
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